IRS Makes Draft 2018 Tax Forms Available

To help taxpayers understand the changes in the Tax Cuts and Jobs Act, the IRS has made available draft versions of the 2018 tax forms and the instructions that will be used to file your income taxes next year.

While the tax reform law may have made filing a basic tax return simpler, those for businesses are still pretty complex. The new law includes a 20 percent tax deduction for “pass-through” businesses and several new schedules to file depending on the type of income you have.